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QuoteDislikedkharvel, you seem like the most calm dude here, and I am not saying this to flater you or something, but it just amezis me the perseverence you have, only to go after small gains but really constant, and you do this with gj which is the most volatile pair, but I think this helps.., how long have you traded? and are you planning to get rich of it or just doing it for fun you seem to have an incredible knowledge of what trading is all about, and the fact that I am just having a newbie aha moment right now has pushed me to ask you this questions, which I hope will not offend you or will you find them to lame to answer to them.
but really now can we make decent money out of it if we have a sound plan? and especilay trading this beast?
First of all,
Thank you for the compliments, but I must set the record straight. I have only been trading roughly 1.5 years now. This is not nearly enough time for me to be considered an expert, as I learn new things EVERY DAY! In this time, there has been one thing I've had ample time to work on, and that is the psychological aspect of trading. While still not perfected, it is true that losses do not bother me, wins are generally standard, and sooner or later trading becomes so routine it's like you're using an EA.
Now, there's a guy on this forum named Spudfyre, and he is MY inspiration. It is HIS method I use. He makes 6 digit salary every year, and only shoots for 20 pips and only trades GBP/JPY. Sound familiar? My trading plan is hardly original(whose is?).
Well, for what it's worth, these are my thoughts, but keep in mind, I'm not the one to seek advice from. Too ripe still, really.